Newsletter Jan 13, 2025
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DJIA 41,938.45 -1.63%
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* As of market close

 
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South Korean flight data recorders were off

Flight data and cockpit voice recorders from the Jeju Air flight that crashed at South Korea's Muan International Airport stopped recording four minutes before the tragedy that claimed 179 lives. On Dec. 29, a Jeju Air Boeing 737-800 traveling from Bangkok to Muan belly-landed, overshooting the runway and colliding with a concrete embankment. Early findings indicate the pilots had reported a bird strike and declared an emergency minutes before the crash, but investigators are now dealing with the absence of crucial data from the aircraft's black boxes.

SEE WHY THE FLIGHT DATA RECORDER HAS BEEN SENT TO US



Apple bucking the trend on DEI rollbacks?

Apple's board of directors has recommended shareholders vote against a proposal to end the company's diversity, equity and inclusion (DEI) programs, going against the grain of decisions by other corporations. The National Center for Public Policy Research, a conservative think tank, proposed Apple shareholders consider ending the firm's DEI program to prevent lawsuits following a 2023 Supreme Court's ruling against affirmative action in universities. But the Apple board has recommended voting against the proposal when it meets this month.

SEE THE GROWING MOVEMENT BEHIND ENDING DEI POLICIES


World's largest gathering of humanity today

Vast crowds of Hindu pilgrims in India bathed in sacred waters Monday at the Kumbh Mela festival attracting approximately 400 million people -- the largest gathering of humanity. The millennia-old Kumbh Mela, a sacred show of religious piety and ritual bathing, is held at the junction of the holy Ganges, Yamuna and mythical Saraswati rivers. Saffron-robed monks and naked ash-smeared ascetics offered blessings to devotees, many of whom walked for weeks to reach the site.

THE LOGISTICAL CHALLENGES OF HOSTING 400M ATTENDEES


Extra point

What is the world's oldest festival? When and where did it originate?

Friday's answer: The first Consumer Electronics Show (CES) was held in June 1967 in New York City. Among the 200 exhibitors' items on display were pocket radios and small-screen portable televisions.

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